Sovos

Sovos is the leader in Latin American eInvoicing and operates the Global Compliance Network, a cloud-based platform that delivers financial and supply chain managers the regulatory processes that they need while eliminating ERP configurations and customizations for the IT staff. A single connection to the network, simplifies the mandates, the implementation, and the ongoing change management associated with regulations in the Americas, Europe and Asia, including Brazil Nota Fiscal, Mexico SAT, Argentina AFIP, Columbia DIAN, Chile SII and Europe’s Excise Movement & Control System. Sovos is headquartered in Boston, Mass. with offices in Atlanta, Boulder, London, Amsterdam, Sao Paolo and with operations worldwide.

February 2018

Sovos has achieved ISO 27001 certification in Chile, becoming one of only 30 technology companies in the country to have obtained the certification. The certification represents the collective work of a combined Sovos and Paperless team.

January 2018

As tax authorities in Latin America, and now Europe, adopt new e-invoicing and e-accounting initiatives, companies are realizing that SAP is not equipped to support the unique needs from country to country.

UUIDs – or unique identifying codes – allow tax authorities to track every single taxpayer document and verify VAT payments and credits based on the original source documents. In all countries using UUIDs, though, the code is a complex set of digits prone to error.

November 2017

By January 2019, all companies that pay VAT in Colombia will be required to comply with mandatory e-invoicing. Businesses with operations in Colombia must begin preparing now, while taking these 5 considerations into account.

Several modifications to Spain’s SII Real-Time Reporting mandate are expected to go into effect during 2018 and beyond. Sovos recently announced that SII will expand to Basque Country and Navarra on January 1, and now additional changes are anticipated.

In order to become an OSE, Paperless by Sovos successfully completed the necessary measures required by the SUNAT, including securing ISO 27001 certification, demonstrating a high level of experience and service, and much more.